Emmanuel Ochayi, Author at Prime Business Africa

Naira Crisis: The Hidden Truth Of Dollar Hoarding

Naira Opens New Year With Stable Performance Across FX Markets

The naira started 2025 with a stable performance in the Nigerian Foreign Exchange Market (NFEM). Data from the Central Bank of Nigeria (CBN) revealed that the currency opened at N1,538.50 to the

Emmanuel Ochayi

2 months ago

Debt Servicing In Nigeria 2025 Budget: What Is Debt Servicing, Why Does It Matter?

Business·FEATURES·News

2025 Budget: Why Debt Servicing Matters

Debt servicing has become a major financial burden for Nigeria, taking precedence over other critical sectors like education, health, and infrastructure. The proposed 2025 budget, tagged the “Budget of Restoration: Securing Peace,

Emmanuel Ochayi

2 months ago

News·Top Stories·World News

Facts About Matthew Whitaker, Trump’s Pick For America’s Ambassador To NATO

Donald Trump has chosen Matthew Whitaker, a former acting attorney general, to serve as the United States ambassador to NATO. Whitaker’s appointment has raised questions due to his lack of experience in

Emmanuel Ochayi

2 months ago

Nigeria's Stock Market Gains N82bn As NGX Rebounds After Two Days Of Losses

Business·Markets·News

Nigeria’s Equity Market 2024 Top 10 Performing Stocks

The Nigerian All-Share Index (ASI) grew by 37.65% in 2024, continuing a five-year bullish streak. Starting the year at 74,773.98 points, the ASI peaked at 104,562 points in March before experiencing mid-year

Emmanuel Ochayi

2 months ago

How Saudi Arabia Executed 338 People For Drug Trafficking, Others In 2024 – Report

News·Top Stories·World News

How Saudi Arabia Executed 338 People For Drug Trafficking – Report

Saudi Arabia executed 338 individuals in 2024, marking a record-breaking year for capital punishment in the kingdom. This includes six Iranians convicted of drug trafficking, as reported by the Saudi interior ministry

Emmanuel Ochayi

2 months ago

Why 7% Education Budget In 2025 Will Not Bring Any Change – ASUU

News·Politics

Why 7% 2025 Education Budget Will Not Bring Any Change – ASUU

The Academic Staff Union of Universities (ASUU) has criticised the Federal Government for allocating only 7% (N3.52 trillion) of the 2025 budget to education. The union argues that this allocation falls short

Emmanuel Ochayi

2 months ago

Business·FEATURES·News

Inflation: Will Tinubu’s Economic Reforms Save Nigerians Or Break Them In 2025?

Inflation has been described as the cruellest tax, silently eroding purchasing power and deepening poverty. In Nigeria, the situation has reached alarming heights, with inflation hitting 34.6%—a 28-year high. The government has

Emmanuel Ochayi

3 months ago

News·Top Stories·World News

What To Know About Jay Clayton, Trump’s Pick For Manhattan US Attorney

President Donald Trump’s selection of Jay Clayton as his nominee for U.S. attorney for Manhattan has sparked discussions about his qualifications and potential challenges. Clayton, a corporate lawyer and former Wall Street

Emmanuel Ochayi

3 months ago

Nigeria's Stock Market Declines As Investors Lose N366bn In One Week

Business·Markets·News

Nigeria’s Equity Market Closes Year Lower As Investors Lose N136bn

Stock Price Declines Lead to Market Drop The Nigerian equity market ended the year on a negative note, as investors lost ₦136 billion at the close of trading on Tuesday. The drop

Emmanuel Ochayi

3 months ago

News·Top Stories

10 Countries That Do Not Celebrate New Year On January 1

While January 1 is widely recognised as the start of the New Year under the Gregorian calendar, not all countries follow this system. Many nations have distinct cultural or religious calendars that

Emmanuel Ochayi

3 months ago

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Emmanuel Ochayi

Naira Opens New Year With Stable Performance Across FX Markets

2025 Budget: Why Debt Servicing Matters

Facts About Matthew Whitaker, Trump’s Pick For America’s Ambassador To NATO

Nigeria’s Equity Market 2024 Top 10 Performing Stocks

How Saudi Arabia Executed 338 People For Drug Trafficking – Report

Why 7% 2025 Education Budget Will Not Bring Any Change – ASUU

Inflation: Will Tinubu’s Economic Reforms Save Nigerians Or Break Them In 2025?

What To Know About Jay Clayton, Trump’s Pick For Manhattan US Attorney

Nigeria’s Equity Market Closes Year Lower As Investors Lose N136bn

10 Countries That Do Not Celebrate New Year On January 1

Featured Stories

Naira Vs Dollar: What To Expect This Week (17th-22nd, March 2025)

Obi Tenders Apology For Omissions In LP Campaign Appointments, Promises Correction In Days

Kaduna Refinery: The Role Of Local Refining In Nigeria’s Fuel Economy

Can Investment In Renewable Energy Resolve Nigeria’s Power Crisis?

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World Cup Qualifiers: Eagles Camp Opens In Kigali, Osimhen Is Early Bird

Rivers Crisis: Amaewhule-led Assembly Begins Process To Impeach Fubara

UBA, ICAN Join Forces To Drive Innovation, Excellence In Finance And Accounting

USPF Secretary Hails ITU, UK-FCDO’s Partnership On Nigerian rural Connectivity

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